That doesn't matter. It can still go below $1. If sentiment is bad enough, if lithium prices go low enough, that cash could be burnt trying to hold the company up. It could go below $1. I bought in at $1.46 so I hope it doesn't but the possibility is real. The lithium supply glut is real despite what the evangelical lithium investors and uprampers tell you.
Will Galaxy Resources reach $1.00 by the end of the year?, page-11
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